PANews reported on December 8 that according to Coinglass data, as BTC briefly fell below $99,000, the entire network’s liquidation has exceeded $100 million in the past 12 hours, currently reaching $109 million, of which long positions have been liquidated for $85.0628 million and short positions have been liquidated for $24.0982 million.

In the past 12 hours, the entire network has liquidated more than 100 million US dollars, mainly long orders